A New York City Food Bank report, released today to mark National Hunger Awareness Day, says more than a third of city residents have trouble affording food for their families.
welcome (back) to the big time, Ambassador Zoellick. Well, at least sort of. No one would argue that the World Bank is an important force, but why does it seem a bit out of step, perhaps even past-tense, in our dynamic present?
Robert Zoellick has been designated the new president of the World Bank following Paul Wolfowitz's departure. Many Germans remember him as the likeable mediator who helped bring about German reunification. But Zoellick's maxim is still "America first."
President Bush said Wednesday he will nominate Robert Zoellick to be the 11th president of the World Bank, replacing Paul Wolfowitz, who was forced to step down. "He's deeply devoted to the mission of the World Bank; he wants to help struggling nations defeat poverty," Bush told reporters at the White House.
Long standing rumours that the former French president Jacques Chirac holds a secret multi-million-euro bank account in Japan appear to have been confirmed by files seized from the home of a senior spy.
After identity thieves wiped out a Bronx mom's life savings, her neighborhood bank sprung into action - by slapping her with a lawsuit. Bank of America hit Gloria Carlo, 51, a single mom from the South Bronx, with a lawsuit demanding $23,312.04. It's money the bank claims she overdrew in a two-month home-shopping spending spree after already exh
White House spokesman Tony Fratto said that President Bush 'will have a candidate to announce soon, allowing for an orderly transition that will have the World Bank refocused on its mission.' But a couple of the names being floated indicate that the administration has not learned its lessons from the Wolfowitz scandal.
Embattled World Bank President Paul Wolfowitz will resign at the end of June, he and the bank said late Thursday, ending his long fight to survive pressure for his ouster over the generous compensation he arranged for his girlfriend.
fter six weeks of combating efforts to oust him as president of the World Bank, Paul D. Wolfowitz began Wednesday to negotiate the terms under which he would resign, in return for the dropping or softening of the charge that he had engaged in misconduct, bank officials said.
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Recent White House backing for the beleaguered World Bank President Paul Wolfowitz, despite the findings of an internal report that said he had violated the Bank's ethics rules, is bringing the role of the U.S. in running the Bank in "undemocratic" ways under scrutiny, with rising calls for Washington to loosen its grip on the institution
An angry Paul Wolfowitz poured abuse and threatened retaliations on senior World Bank staff, according to new details published last night. Sounding more like a cast member of the Sopranos than an international leader, in testimony by one key witness Mr Wolfowitz declares: 'If they f*ck with me or Shaha, I have enough on them to f*ck them too.'
An internal panel concludes World Bank President Paul Wolfowitz violated staff rules in arranging a promotion and pay raise for his girlfriend and questions whether he can still lead the bank, according to its report. The special ad hoc committee looked into allegations Wolfowitz broke conflict of interest rules in dealing with his girlfriend, S
WASHINGTON, May 9 (Reuters) - Senior U.S. Democrats urged President George W. Bush to step in to end the "historic crisis" over Paul Wolfowitz's World Bank leadership as pressure mounted for him to resign to avoid a possible divisive vote.
The White House said Wednesday that its support for World Bank President Paul Wolfowitz to remain on the job is solid. On Tuesday, White House press secretary Tony Snow referred most questions about Wolfowitz's future to the World Bank and to the Treasury Department, whose secretary represents the United States on the bank board.
Kevin Kellems one of two key aides to World Bank President Paul Wolfowitz resigned on Monday, saying he could no longer effectively help advance the mission of the institution under the current leadership crisis.
Fallout from the sweet deal Paul Wolfowitz engineered for his girlfriend, Shaha Riza, may ultimately send the World Bank president running for the exit. David Corn digs into the details of an ethically sketchy arrangement.
Gonzales and Wolfowitz are incapable of doing their jobs. Gonzales-unable to distinguish Attorney General from being a fixer for Bush, incapable of even a bare minimum of coherence in his public statements. "Wolfie's" neoconcubine salary exceeding Condi Rice's proves the ol' trickle down theory works for the haves & have mores. oped
Secondly, allegedly on June 1st, Wolfowitz becomes eligible for some large financial bonus -- for performance and time on the job. One estimate puts this figure at about $400,000. Wolfowitz wants to make sure those funds are credited to his private bank account prior to resigning. (via raw story)
Paul Wolfowitz encountered stiffening opposition Saturday to staying on as World Bank president amid allegations he showed favoritism in arranging a promotion and pay package for his girlfriend. Critics, including World Bank staff, former bank officials, the European Parliament, aid groups and some Democrats say the controversy has damaged the
A World Bank committee investigating president Paul D. Wolfowitz has nearly completed a report that it plans to give the institution's governing board, concluding that he breached ethics rules when he engineered a pay raise for his girlfriend, three senior bank officials said Friday.
In this modern, post--Bretton Woods world of "monetary order" and coordinated central-bank inflation, many who are otherwise sympathetic to the arguments against central banks believe that the elimination of central banking is an unattainable, utopian dream.
Paul Wolfowitz - Too Busy Ruining World To Buy Socks. Wolfowitz's regressive ideological system of Straussism is steeped imperial domination, authoritarian rule, and pure fascism. The unfolding crisis of Wolfowitz's romantic entanglement with Ms Riza is not without its element of farce, though he himself is without socks...
A group of senior former World Bank employees has urged beleaguered head Paul Wolfowitz to resign, saying he can no longer be an effective leader.
A deputy to Paul Wolfowitz urged the World Bank chief on Wednesday to resign in the interests of the institution during a meeting of the bank's management, sources who participated in the meeting said. The sources told Reuters that World Bank Managing Director Graeme Wheeler, a bank veteran named by Wolfowitz as one of his two deputies a year ago,
So World Bank Prez Paul Wolfowitz's siphoning of $100,000's to tip his demanding dominatrix mistress has backfired. This wasn't the spanking he had in mind. Woe is he! The whole bank staff booed him when Wolfie tried to "explain," and you can hardly blame them. The hubris of Bush's unpopular appointee provides the "sexy&qu
The U.S. Defense Department ordered a contractor to hire a World Bank employee and girlfriend of then-Pentagon No. 2 Paul Wolfowitz in 2003 for work related to Iraq, the contractor said on Tuesday.
The embattled World Bank President, Paul Wolfowitz, has indicated he does not plan to resign over a pay scandal.
Testy exchanges and peremptory demands characterized Wolfowitz's dealings with the World Bank's staff and governors on a range of issues during his presidency, according to current and former senior bank officials.
The controversy involving World Bank President Paul Wolfowitz and his involvement in a huge pay increase awarded to a close female friend moves to center stage Sunday as the bank's policy-steering committee meets.
In the wake of reports of impropriety, Democratic presidential candidate and former senator John Edwards on Friday called for World Bank president Paul Wolfowitz to resign, citing a need to "restore America's credibility and moral leadership."









